Wednesday 10 November 2010

WHY NOT SACK THE CHAIRMAN OF RBS

Given that we own 83% of RBS, can the government not simply sack the Chairman when he starts bleating about paying full UK tax on his absurdly huge bonuses and threatening to move to Shanghai?

He won't, most of his overpaid colleagues won't and most of the banks won't move out of London, which remains one of the most attractive trading environments in the world.

So George, Vince, whichever of you packed the big stick, wield it, why don't you, and hear the joyous cries of approval ringing across the UK.

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